HASBRO, INC.

Capitalized software development costs include both direct costs for internally developed titles and payments to third-party software developers under development agreements that have been incurred by the Company subsequent to establishing the technological feasibility of a software title. Prior to establishing technological feasibility of a software title, any costs incurred are recorded as product development expenses.

As of December 28, 2025 and December 29, 2024, $385.6 million and $264.4 million, of software development costs were capitalized within Other assets in the Consolidated Balance Sheets, respectively.

Amortization and impairments of software titles that have been released are recorded within Cost of sales within the Consolidated Statements of Operations. The Company did not release any software titles during 2025, 2024 or 2023 that were previously capitalized on the Consolidated Balance Sheets, and therefore there was no amortization or impairments recognized in the Consolidated Statement of Operations. Write-offs of unreleased titles are recorded within Selling, distribution and administration. The Company didnot write-off any unreleased titles in 2025 or 2023. Approximately $24.4 million of write-offs occurred during 2024, relating to the cancellation of two unreleased titles.